Wendy's NNN — Rocky Mount, NC
$4,062,752 · 6.25% CAP · 8 YRS
Corporate-guaranteed Wendy's drive-thru in Rocky Mount with a 26-year operating history at the site and about eight years left on the absolute-net base term. Increases of 10% arrive every five years through the base term and four options.
Lease Abstract
- Price
- $4,062,752
- Cap rate
- 6.25% CAP
- NOI
- $253,922
- Term remaining
- 8 YRS
- Lease type
- Absolute NNN
- Increases
- 10% every 5 years
- Options
- Four - 5 Year Options
- Guarantee
- Corporate
- Building
- 3,138 SF
- Lot
- 0.95 AC
- Year built
- 1999
- Renovated
- 2014
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Location
Rocky Mount, North Carolina. Full address and offering memorandum released on request — see our Wendy's tenant guide and the North Carolina market page for the underwriting context.
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Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
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